STOCK FUND - SALES VS. OBLIGATIONS. LMI REF. NO. R5.
Abstract
The Army stock fund is a revolving fund; in theory, for every dollar obligated to procure stocks, a dollar should be received from the sales of stocks. This ratio, in practice, fluctuates over short periods of time. Major deviations from forecasts and programs will result in the accumulation of excess stock in the stock fund category of supplies or supply shortages with resultant inability to meet customer demands. It is important to have current information in this area. Significant deviations from the forecast of either sales or obligations indicate a need for prompt action, with adjustment of programs. (Author)
Document Details
- Document Type
- Technical Report
- Publication Date
- Dec 29, 1967
- Accession Number
- AD0679093